Canali Turnover Surged 49% and Will Continue to Invest in the China Market

12月 27, 2022

Recently, Italian luxury menswear brand Canali announced key financial data for the first nine months of 2022. Turnover increased by 49% year-on-year to 143 million euros (+38% at constant exchange rates). The American market as a whole grew by 65% at constant exchange rate in the reporting period, reaching 50% of global sales. 
Stefano Canali, President and CEO , said that the performance of the US market compensated for the slowdown caused by lockdowns in China, a market in which Canali will nevertheless continue to invest because it has a very high potential.
“We expect China to re …